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Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, is announcing the acquisition of advanced pre-roll production equipment and capabilities from Canadian cannabis brand All Good Collective. The acquisition will accelerate Lowell Farms’ ability to offer end-to-end automation…
Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr'' or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced it has closed the definitive agreement to acquire Herbal Remedies Dispensaries, LLC (“Herbal Remedies”), an operator of two licensed retail dispensaries in Quincy, Illinois. “We are thrilled to…
Last week, Sundial Growers Inc. (Nasdaq: SNDL) released first quarter financial and operational results and we are not surprised by how the market response to the numbers. During the quarter, the Canadian cannabis company reported an adjusted EBITDA loss of $700,000 and less than $20 million of revenue. Although total…
High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its subsidiary, Blessed CBD, has launched a CBD Subscribe-and-Save program in the United Kingdom called the Wellness Club. Under the Wellness Club program, members will…
Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) is pleased to announce that its upward trend in market share, purchase orders, and new SKU launches has continued in 2022’s first four months, following on from the growth in the quarter ended December 31, 2021. The Company has seen strong advances in…
Sugarbud Craft Growers Corp. (TSXV: SUGR) (OTCQB: SBUDF), a leading Canadian Craft Cannabis producer and distributor is pleased to announce certain financial and operating results for the three months ended March 31, 2022. The Company anticipates announcing its first quarter 2022 financial statements and management’s discussion and analysis after-market on…
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the first quarter ended March 31, 2022 ("Q1 2022"). All financial information is presented in U.S. dollars unless otherwise indicated. Q1 2022 Highlights Systemwide Pro Forma Revenue increased…
As competition for Canada’s cannabis beverage market is heating up, we expect that Canopy Growth Corporation (Nasdaq: CGC) (TSX: WEED) and HEXO Corporation (Nasdaq: HEXO) (TSX: HEXO) will lose market share to The Boston Beer Company, Inc. (NYSE: SAM). Yesterday, the craft beer brand announced plans to capitalize on Canada’s…
BOSTON, May 23, 2022 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), maker of iconic, high-quality brands such as Samuel Adams, Truly Hard Seltzer and Twisted Tea, today announced the launch of TeaPot, a new line of cannabis-infused iced teas. TeaPot is the company's first infused beverage offering and will be available…
During the last two years, several states in the Northeast region of the United States (US) have passed legislation to legalize recreational cannabis. We are bullish on this trend and believe the opening of additional recreational markets will prove to be a significant catalyst for the US cannabis industry. Last…